Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1235 Oakland St, Traverse City, MI, 49686

1beds
1baths
437sqft
$240,000
$549price/sqft
$1,783/moest. monthly cost
$71,320/yrincome needed

About This Home

Home on a large lot in a fantastic location in Traverse City! Situated in a quiet neighborhood, this bungalow is just off Eighth Street and two blocks from the Civic Center. The large lot features a garden shed and has plenty of space to build a garage or accessory dwelling unit. Inside, the open concept living area has cathedral ceilings and a cozy loft. Come see this gem in the Traverse Heights neighborhood for yourself!

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

7/10
Central High SchoolGrades 8-120.7 mi
7/10
East Middle SchoolGrades 6-83.7 mi

Construction

Condition

  • Year built: 1935

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Block,Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Washer,Dryer,Exhaust Fan
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Loft,Vaulted Ceiling(s),Ceiling Fan(s)
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 437

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 437
  • Total interior livable area: 437 sqft

Kitchen

  • Level: Main
  • Area: 64

Living Room

  • Level: Main
  • Area: 160

Master Bathroom

  • Features: None

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 285156200400
  • Zoning description: Residential

Features

  • Patio & porch: Patio,Porch
  • Waterfront features: None

Lot

  • Lot size: 8,276 sqft
  • Features: Level,Subdivided
  • Lot size dimensions: 50 x 165

Parking

  • Parking features: None,Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
Hail
Tsunami

FEMA Declared Disasters in Grand Traverse County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$90$1,080
Property Taxes $292$3,504
Electricity $188$2,259
Total$1,783$21,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,131/yr
40% on housing$53,490/yr
45% on housing$47,546/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$549This listing

vs Other Active Listings

Avg $/sqft

ZIP 49686$275
Grand Traverse County$306

vs Homes Sold Last Month

Median $/sqft

ZIP 49686$274
Grand Traverse County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-23Price change$250,000
2026-02-19Price change$268,000
2026-01-06Price change$299,000
2025-12-11Listed for sale$315,000

For Sale by Agent

AgentMichele Viger
BrokerageThe Martin Company

Similar Homes